One of the UK’s leading manufacturers of round, flat and profile wire has completed a management buy-out, as it looks to target £15m annual sales for the first time in its 77-year history.
Alloy Wire International (AWI)’s senior management team, comprising Managing Director Tom Mander, Technical Director Andrew Du Plessis and Finance Director Adam Shaw, has purchased the business from the current owners, cementing the Black Country firm’s long-term future. The deal will see all 33 members of staff become shareholders in the business, reinforcing a company-wide commitment…
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